Wednesday, 5 May 2021

Dow Jones Forecast: Dovish FOMC, Yellen Clarification to Drive DJI Higher

Yellen’s clarification of rate hike comments and the Fed’s dovish stance may continue to drive US equity prices higher near term.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...